Van Cleef Asset Management Inc Sells 700 Shares of iShares Russell 2500 ETF (BATS:SMMD)

Van Cleef Asset Management Inc decreased its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 13.6% in the fourth quarter, Holdings Channel reports. The fund owned 4,430 shares of the company’s stock after selling 700 shares during the quarter. Van Cleef Asset Management Inc’s holdings in iShares Russell 2500 ETF were worth $273,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Citigroup Inc. increased its holdings in iShares Russell 2500 ETF by 11,262.5% during the third quarter. Citigroup Inc. now owns 909 shares of the company’s stock valued at $50,000 after buying an additional 901 shares during the period. Capital Analysts LLC purchased a new position in iShares Russell 2500 ETF during the fourth quarter valued at approximately $151,000. Tompkins Financial Corp purchased a new position in iShares Russell 2500 ETF during the fourth quarter valued at approximately $151,000. Cerity Partners LLC purchased a new position in iShares Russell 2500 ETF during the fourth quarter valued at approximately $231,000. Finally, One Capital Management LLC purchased a new position in iShares Russell 2500 ETF during the third quarter valued at approximately $207,000.

iShares Russell 2500 ETF Stock Down 0.6 %

SMMD stock traded down $0.37 during trading on Thursday, hitting $61.57. 52,471 shares of the company’s stock traded hands. The firm has a market capitalization of $1.02 billion, a P/E ratio of 14.72 and a beta of 1.16. The business has a fifty day simple moving average of $63.13 and a two-hundred day simple moving average of $59.38. iShares Russell 2500 ETF has a 1 year low of $38.91 and a 1 year high of $45.72.

About iShares Russell 2500 ETF

The iShares Russell 2500 ETF (SMMD) is an exchange-traded fund that is based on the Russell 2500 index, a market-cap-weighted index of US companies ranked 501-3,000 by market cap. SMMD was launched on Jul 6, 2017 and is managed by BlackRock.